In theory, Finance and Procurement should be tightly aligned in managing spending, validating savings (and other value creation), reducing risk, optimizing working capital, and managing an integrated Procure-to-Pay Process. Unfortunately, this is rarely the case, and the impact is non-trivial. But, the problems are fixable, and in this webinar, we’ll share the results of our research study that focused on optimizing this Procurement-Finance relationship, including:
- Identifying the biggest barriers that Finance places on Procurement
- Assessing and quantifying the organizational & financial impact of such barriers
- Optimizing your approaches to knocking down these barriers
We’ll discuss examples and hard dollar benefits of implementing these approaches in a variety of areas.